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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 55,997 $ 52,675
Receivables    
Trade, less allowance for doubtful accounts of $223 and $267, respectively 24,481 14,830
Notes and other 436 1,318
Due from Seitel Holdings, Inc. (Note J) 1,177 1,156
Seismic data library (Note B) 1,292,750 1,259,761
Less: Accumulated amortization (1,176,828) (1,098,398)
Net seismic data library 115,922 161,363
Property and equipment 18,187 17,750
Less: Accumulated depreciation and amortization (16,478) (15,147)
Net property and equipment 1,709 2,603
Prepaid expenses, deferred charges and other 1,762 2,183
Intangible assets, net (Note C) 1,418 5,528
Goodwill (Note C) 182,012 179,792
Deferred income taxes (Note D) 257 39
TOTAL ASSETS 385,171 421,487
LIABILITIES AND STOCKHOLDER’S EQUITY    
Accounts payable 2,357 8,077
Accrued liabilities 10,286 14,981
Employee compensation payable 4,364 592
Income taxes payable 620 0
Senior Notes (Note E) 246,857 245,696
Obligations under capital leases (Note F) 1,510 1,661
Deferred revenue (Note A) 15,904 25,903
Deferred income taxes (Note D) 2,214 2,361
TOTAL LIABILITIES 284,112 299,271
COMMITMENTS AND CONTINGENCIES (Note G)
STOCKHOLDER’S EQUITY    
Common stock, par value $.001 per share; 100 shares authorized, issued and outstanding 0 0
Additional paid-in capital 400,582 400,505
Retained deficit (283,190) (258,766)
Accumulated other comprehensive loss (16,333) (19,523)
TOTAL STOCKHOLDER’S EQUITY 101,059 122,216
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY $ 385,171 $ 421,487